The value of financial advice (to two decimal points)

The value of financial advice (to two decimal points)
What price financial advice? (Image: Getty)
David Chaplin
I remember when the value of advice was 10% upfront, and get as much as you can. Happy days. But, as two recent industry reports highlight, the sector has moved on to a more nuanced vision of what financial advice is, or could be, and whether it’s worth it. In its fifth New Zealand edition of a report also produced in other jurisdictions, the global multi-manager and asset consultant, Russell Investments, puts a specific figure on the value of advice. ‘A surprise’ “In 2025, we believe the value o...

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